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Full application process opens April 27th – Fund distribution begins May 5th
To be eligible to receive the wage subsidy, you must:
- be an eligible employer
- have experienced an eligible reduction in revenue, and
- have had a CRA payroll account on March 15, 2020
Full details can be found here.
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The new Canada Emergency Business Account will provide interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced. To qualify, these organizations will need to demonstrate they paid between $50,000 to $1 million in total payroll in 2019. Full details can be found here.
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To be eligible for a Work-Sharing agreement, employers must:
- Have been in business in Canada year-round for at least two years;
- Be a private business, a publicly-held company, or a not-for-profit organization
- Demonstrate that the shortage of work is temporary and beyond their control, and is not a cyclical/recurring slowdown;
- Demonstrate a recent decrease in business activity of approximately 10%; and,
- Submit and implement a recovery plan designed to return the Work-Sharing unit(s) to normal working hours by the end of the Work-Sharing agreement.
Full details can be found here.
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Canada’s Regional Development Agencies (RDAs) are the front line for economic development in Canada and help to address key economic challenges by providing regionally tailored programs, services, knowledge and expertise. If you are a tourism operator or small- or medium- sized business or organization and have received RDA funding and COVID-19 is affecting your operations, you are encouraged to contact your local RDA office. Your local RDA office can review your situation and provide guidance. Full details can be found here.
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Looking to grow your business globally? Apply online for up to $75,000 in CanExport Small Medium-sized Enterprises (SMEs) funding to cover up to 75% of your international market development activities. Canadian SMEs may choose up to (5) export markets to target, where your company has no or minimal business. We are committed to providing a decision within 60 business days. Full details can be found here.
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In support of the Government of Canada’s whole-of-government response to Coronavirus disease (COVID-19), they are asking suppliers about their ability to provide products and services. Are you a business that can supply products and services in support of Canada’s response to COVID-19? Full details can be found here.
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The Government of Canada is making sure that Canada is a top destination for businesses to invest, grow and create jobs and prosperity for Canadians is one of the Government's top priorities. The Strategic Innovation Fund's (SIF) objective is to spur innovation for a better Canada by providing funding for large projects (over $10 million in requested contribution). Full details can be found here.
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| The Government of Canada will launch specific challenges through the Innovative Solutions Canada program to harness the innovations of Canadian entrepreneurs to meet the immediate needs of the health system. The government will rapidly select the best projects to accelerate development and testing of promising innovations that can have a direct impact on our health care response. The Government of Canada will also use the program to become the first customer of these innovative products. Full details can be found here. |
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To be eligible, you must meet the following requirements:
- You did not apply for, nor receive, CERB or EI benefits from Service Canada for the same eligibility period
- You did not quit your job voluntarily
- You reside in Canada
- You are 15 years old or more when you apply
- You earned a minimum of $5,000 (before taxes) income in the last 12 months or in 2019 from one or more of the following sources:
- employment income
- self-employment income
- provincial or federal benefits related to maternity or paternity leave
AND
- You stopped or will stop working due to COVID-19, and:
- You are applying for the first time
For at least 14 days in a row during the 4-week payment period, you do not expect to receive more than $1,000 (before taxes) from employment and self-employment income
- You are re-applying for another period
You do not expect your situation to change during this 4-week period and you do not expect to receive more than $1,000 (before taxes) from employment and self-employment income
OR
- You received regular EI benefits for at least 1 week since December 29, 2019
You are no longer eligible for EI benefits
More information can be found here.
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| To stop the spread of COVID-19 and keep people safe, the Ontario Government is launching a new $50 million Ontario Together Fund to help businesses provide innovative solutions or retool their operations in order to manufacture essential medical supplies and equipment, including gowns, coveralls, masks, face shields, testing equipment and ventilators. This new Fund will support the development of proposals submitted by businesses and individuals through the Ontario Together web portal. Full details can be found here. |
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Starting on April 22, 2020 at 7 am EDT / 4 am PDT small and medium-sized Canadian businesses unable to secure funding under the Canada Emergency Wage Subsidy and the Business Credit Availability Program can apply for financial assistance.
Full details can be found here.
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The commitment and dedication of Ontario’s agriculture and food sector workers is what keeps our grocery store shelves full and food on our kitchen tables.
If you’re looking for a new professional opportunity and the chance to make a difference during this COVID-19 outbreak, this is a one-stop-shop that highlights employment openings and training resources in Ontario’s agriculture and food sector. Full details can be found here.
 
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Regional Relief and Recovery Fund (RRRF)
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Perth Community Futures is offering financial support directly to small and medium businesses located in Stratford, St Marys and Perth County through the Regional Relief and Recovery Fund. (RRRF)
Access of up to $40,000 in financing will provide support to enterprises that are unable to access federal and provincial relief funding programs, or unable to obtain a loan/credit from traditional financial institutions, and that are struggling with working capital needs.
Eligible CFDC applicants must also meet the following criteria:
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Established prior to March 1, 2020;
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Impacted adversely by the COVID-19 pandemic;
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Viable and not experiencing other financial difficulties prior to March 1, 2020; and
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Have attempted to access other federal relief supports and were ineligible, rejected, or require funding for expenses that have not been supported, with priority given to applicants who were ineligible or rejected from other federal relief supports.
Perth Community Futures is working hard to bring the local portion to the businesses in our community as soon as possible. Information will be available on the Perth CFDC website this week.
More details can be found here.
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